Microsoft Co. (NASDAQ:MSFT) Shares Bought by Wolf Group Capital Advisors

Wolf Group Capital Advisors increased its position in Microsoft Co. (NASDAQ:MSFT) by 26.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,094 shares of the software giant’s stock after purchasing an additional 1,489 shares during the quarter. Microsoft accounts for 1.2% of Wolf Group Capital Advisors’ portfolio, making the stock its 22nd largest position. Wolf Group Capital Advisors’ holdings in Microsoft were worth $3,171,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Kings Path Partners LLC acquired a new position in shares of Microsoft in the second quarter worth about $223,000. TFB Advisors LLC raised its position in shares of Microsoft by 7.8% in the 2nd quarter. TFB Advisors LLC now owns 15,099 shares of the software giant’s stock valued at $6,748,000 after purchasing an additional 1,089 shares in the last quarter. Moloney Securities Asset Management LLC grew its position in shares of Microsoft by 2.6% during the second quarter. Moloney Securities Asset Management LLC now owns 52,673 shares of the software giant’s stock worth $23,542,000 after buying an additional 1,315 shares in the last quarter. Adero Partners LLC increased its stake in shares of Microsoft by 1.4% in the second quarter. Adero Partners LLC now owns 19,383 shares of the software giant’s stock worth $8,663,000 after buying an additional 260 shares during the last quarter. Finally, WMG Financial Advisors LLC raised its holdings in Microsoft by 25.3% in the second quarter. WMG Financial Advisors LLC now owns 7,114 shares of the software giant’s stock valued at $3,178,000 after acquiring an additional 1,435 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Bradford L. Smith sold 40,000 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the completion of the sale, the insider now directly owns 544,847 shares in the company, valued at $219,349,953.73. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, EVP Kathleen T. Hogan sold 17,378 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $411.85, for a total transaction of $7,157,129.30. Following the sale, the executive vice president now owns 150,161 shares in the company, valued at $61,843,807.85. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 40,000 shares of Microsoft stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $402.59, for a total value of $16,103,600.00. Following the completion of the sale, the insider now owns 544,847 shares of the company’s stock, valued at approximately $219,349,953.73. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 190,629 shares of company stock valued at $77,916,485 over the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $414.71 on Wednesday. Microsoft Co. has a twelve month low of $323.18 and a twelve month high of $468.35. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.16. The stock’s 50-day simple moving average is $417.97 and its 200 day simple moving average is $424.89. The firm has a market capitalization of $3.08 trillion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 2.30 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.05. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The company had revenue of $64.73 billion for the quarter, compared to the consensus estimate of $64.38 billion. During the same quarter last year, the business posted $2.69 EPS. Microsoft’s revenue for the quarter was up 15.2% on a year-over-year basis. On average, analysts anticipate that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Microsoft announced that its board has approved a share repurchase program on Monday, September 16th that authorizes the company to repurchase $60.00 billion in shares. This repurchase authorization authorizes the software giant to purchase up to 1.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.80%. This is an increase from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, November 21st. Microsoft’s dividend payout ratio (DPR) is 28.74%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $506.00 price target on shares of Microsoft in a research report on Tuesday, September 17th. Tigress Financial raised their price objective on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Oppenheimer lowered shares of Microsoft from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Mizuho raised their price target on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Wednesday, July 31st. Three analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $493.94.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.